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RESOLUTION N0.26-03/04
A RESOLUTION OF THE VII.LAGE COUNCIL OF
THE VILLAGE OF TEQUESTA, PALM BEACH
COUNTY, FLORIDA, APPROPRIATING
ADDITIONAL FUND BALANCE OF $4,500.00 FROM
'` THE WATER FUND #401, TO FUND THE
COMPUTATION OF ARBITRAGE REBATE
LIABILITY ASSOCIATED WITH THE FLORIDA
WATER REVENUE BONDS, SERIES 1998, AND
BUDGETING THESE FUNDS INTO BUDGET YEAR
2003/2004, ACCOUNT #401-700-573.700 — OTHER
DEBT SERVICE COSTS.
WHEREAS, the professional services for the arbitrage computation were
i! budgeted and approved for $4,500.00 in Fiscal year 2002/2003 Budget;
' and
;' WHEREAS, the professional services for the arbitrage computation
?: continue in the Fiscal Year 2003/2004 Budget; and
' NOW, THEREFORE, BE IT RESOLVED BY THE VII..LAGE OF
'' TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
!? Section 1. The appropriation of additional fund balance of $4,500.00 from the Water
' Fund #401 to fund the computation of arbitrage rebate liability associated with the
' Florida Water Revenue Bonds, Series 1998 and budgeting these funds into Budget
" Year 2003/2004 Account #401-700-573.700 — Other Debt Service Costs — is hereby
�:
approved
�:
;- THE FOREGOING RESOLUTION WAS OFFERED by Council
�' Member , who moved its adoption. The motion was seconded by
: Council Member , and upon being put to a vote, the vote was as
! follows:
FOR ADOPTION AGAINST ADOPTION
;:
�
�;
The Mayor thereupon declared the Resolution duly passed and adopted this day
� of , A.D.
;' MAYOR OF TEQUESTA
Village Clerk Mary Miles